I'm going through babypips at the recommendation of maximumsuffering, but so far its not really answering my basic questions. I don't think I ever want to be a "trader" (don't think I could), but I really like "active investing". My style might be to say (in the forex market), for example...
Haha, I dunno m22au, have central banks ever raised rates as high at 50%? But if they did, wouldn't that literally crush their economy very, very quick, meaning you might want to short the heck out of it?
How and when is this going to end? Somehow the economy grows enough to support the debt? Or at some point creditors get the shaft, either to their face (only get some % of their principal), or behind they back by the government just printing $$$ left and right to pay back the debt with a...
Dang beerntrading, that site is awesome lol. So, is all we need to do is this?
1. Go to that site.
2. Pick a pattern that based on the back testing works well in a certain market.
3. Trade that pattern in that market.
4. Profit like a mofo.
You think its that easy? :)
I don't know the answer, all I know is IB is insane with their margin crap - literally the more my account goes up in value, and the greater my cash-to-position ratio becomes (due to me shoring things that went down in value), the HIGHER my margin requirement becomes. I have literally 28% of my...